MP semicon summit draws ₹15,425 cr investment proposals, 14k jobs in sight
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Madhya Pradesh received investment proposals worth ₹15,425 crore in the semiconductor and electronics sectors during the summit that concluded in Indore on Saturday.
- ✓These projects are expected to create over 14,450 jobs.
- ✓Chief Minister Mohan Yadav said, "Madhya Pradesh is moving forward towards bringing the technology of the future."
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Standard
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
On Friday Chief Minister Mohan Yadav said that more than 12 investors had expressed interest in investing ₹5,800 crore | Image: ANI
Madhya Pradesh has received investment proposals worth more than ₹15,425 crore in the semiconductor, electronics manufacturing and high-tech sectors. These proposals are expected to generate more than 14,450 jobs.
The announcements were made in the two day semiconductor Summit which concluded in Indore on Saturday. On Friday Chief Minister Mohan Yadav said that more than 12 investors had expressed interest in investing ₹5,800 crore. Five companies have been issued land allotment letters. These projects are expected to attract investments of ₹9,625 crore and create more than 4,450 direct jobs. Yadav said Madhya Pradesh is moving forward towards bringing the technology of the future to the state.
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